Nationwide Destination 2040 R (NWMDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.19

+0.04 (0.39%)

At close: Oct 15, 2026

Fund Assets	185.51M
Expense Ratio	1.22%
Min. Investment	$50,000
Turnover	44.86%
Dividend (ttm)	0.36
Dividend Yield	3.51%
Dividend Growth	58.03%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jun 24, 2026

Previous Close	10.15
YTD Return	9.61%
1-Year Return	12.83%
5-Year Return	38.90%
52-Week Low	8.93
52-Week High	10.42
Beta (5Y)	0.91
Holdings	15
Inception Date	Aug 29, 2007

About NWMDX

Nationwide Destination 2040 Fund Class R is a target-date mutual fund designed for individuals planning to retire around the year 2040. As a fund of funds, it primarily allocates its assets among a diversified mix of affiliated mutual funds, covering asset classes such as U.S. equities, international equities, and bonds. As of its latest allocations, approximately 54% of assets are invested in U.S. stocks, 22% in international stocks, and 24% in bonds. The core objective is to provide a balance of capital appreciation and income, while gradually shifting the portfolio toward more conservative investments as the 2040 target date approaches. This glide path approach helps manage risk as investors near retirement. The fund plays a significant role in retirement planning by offering a professionally managed, diversified investment solution that adjusts over time, aligning with the evolving risk profile of its target investor base. Its expense ratio is 1.21%, and it pays dividends on a semi-annual basis.

Fund Family Nationwide

Category Mixed-Asset Target 2040

Performance Rating Low

Risk Rating Above Average

Stock Exchange Nasdaq

Ticker Symbol NWMDX

Share Class Class R

Index S&P Target Date To 2040 TR

Performance

NWMDX had a total return of 12.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.08%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NWMHX	Class R6	0.47%
NWMSX	Institutional Service Class	0.72%
NWMAX	Class A	0.97%

Top 10 Holdings

98.17% of assets

Name	Symbol	Weight
Nationwide Fundamental All Cap Equity R6	NWFACR6	23.51%
Nationwide Bond Portfolio R6	NWBDPR6	17.77%
Nationwide International Index R6	GIXIX	10.19%
Nationwide U.S. 130/30 Equity R6	NW130R6	9.92%
Nationwide Large Cap Equity Portfolio	NWLACEQ	9.81%
Nationwide International Equity Port R6	NWINTEQ	9.03%
iShares Core MSCI Emerging Markets ETF	IEMG	7.72%
iShares Core S&P 500 ETF	IVV	5.16%
Nationwide Small Cap Index R6	GMRIX	2.75%
Nationwide Strategic Income R6	NWXGX	2.32%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 24, 2026	$0.01443	Jun 25, 2026
Dec 23, 2025	$0.77191	Dec 24, 2025
Sep 11, 2025	$0.00639	Sep 12, 2025
Jun 12, 2025	$0.00532	Jun 13, 2025
Dec 23, 2024	$1.25028	Dec 24, 2024
Sep 12, 2024	$0.00754	Sep 13, 2024

Full Dividend History